CNRL updates 2018 production for Horizon oil sands

Canadian Natural Resources Ltd. (CNRL) estimates 2018 production for the completed Horizon Phase 3 expansion will be 1.09-1.17 million boe/d, representing a 17% increase over 2017 production levels and with a capital program targeted at $4.3 billion.

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Source:: Oil Gas Journal

      

CNRL updates 2018 production for Horizon oil sands

US House panel hears more support for offshore than onshore energy policy moves

A US House Natural Resources Committee subcommittee heard more support for offshore than onshore policy reform proposals at a Nov. 7 hearing as two of the four witnesses differed on whether to transfer federal onshore oil and gas responsibilities to agencies in producing states.

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Source:: Oil Gas Journal

      

US House panel hears more support for offshore than onshore energy policy moves

Statoil lets EPCI contract for Troll C gas module

Statoil ASA has let an engineering, procurement, construction, and installation contract to Aibel AS for a gas module for the Troll C platform in an effort to increase oil production and gas exports from Fram field in the North Sea.

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Source:: Oil Gas Journal

      

Statoil lets EPCI contract for Troll C gas module

Proppant demand outlook for Bakken, Permian

US and Canadian shale operators have adjusted completion designs and increased proppant volumes to maximize well productivity. McKinsey Energy Insights (MEI) expects this trend will continue at $50/bbl oil, particularly in the Permian basin. …read more

Source:: Oil Gas Journal

      

Proppant demand outlook for Bakken, Permian

Smart bits advance drilling efficiency

Drillbit manufacturers are adding multidimensional cutter technologies and small moving parts to fixed diamond-cutter bits to create what they call smarter, stronger bits that recognize different rock layers. Operators focused on US shale plays previously used bits with no moving parts but now seek higher efficiency. …read more

Source:: Oil Gas Journal

      

Smart bits advance drilling efficiency

A new leasing spree

In three encouraging developments involving federal land last month, the US oil and gas industry should find both validation and challenge. …read more

Source:: Oil Gas Journal

      

A new leasing spree